Subsidy Tracker Parent Company Summary
Parent Company Name:
NHK Spring
Ownership Structure:
publicly traded
Headquartered in:
Japan
Major Industry:
automotive parts
Specific Industry:
automotive parts
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $21,828,975 | 24 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $21,828,975 | 24 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1993. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
NEW MATHER METAL; NHK; NHK SEATING OF AMERICA
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Kentucky | $20,891,375 | 18 |
| Indiana | $825,000 | 4 |
| Tennessee | $112,600 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| NHK of America Suspension Components Inc. (aka NASCO) | Kentucky | state | 2010 | $2,500,000 | tax credit/rebate | |
| NHK of America Suspension Components Inc. | Kentucky | state | 2010 | $2,500,000 | tax credit/rebate | |
| NHK of America Suspension Components Inc. | Kentucky | state | 2013 | $2,500,000 | tax credit/rebate | |
| NHK Spring Precision of America, Inc. | Kentucky | state | 2015 | $2,500,000 | tax credit/rebate | |
| NHK of America Suspension Components Inc. (aka NASCO) | Kentucky | state | 2013 | $2,500,000 | tax credit/rebate | |
| New Mather Metals, Inc. | Kentucky | state | 2007 | $2,300,000 | tax credit/rebate | |
| NHK Spring Precision of America, Inc. | Kentucky | state | 2006 | $1,600,000 | tax credit/rebate | |
| New Mather Metals, Inc. | Kentucky | state | 2002 | $1,500,000 | tax credit/rebate | |
| NHK Spring Precision of America, Inc. | Kentucky | state | 2012 | $1,000,000 | tax credit/rebate | |
| New Mather Metals, Inc. | Kentucky | state | 2011 | $500,000 | tax credit/rebate | |
| New Mather Metals, Inc. | Kentucky | state | 2013 | $500,000 | tax credit/rebate | |
| NHK of America Suspension Components, Inc. | Kentucky | state | 2006 | $400,000 | tax credit/rebate | |
| NHK Seating of America, Inc. | Indiana | state | 2017 | $300,000 | tax credit/rebate | |
| NHK of America Suspension Components Inc. (aka NASCO) | Kentucky | state | 2010 | $294,000 | tax credit/rebate | |
| NHK Seating of America, Inc. | Indiana | state | 2013 | $275,000 | tax credit/rebate | |
| NHK Seating of America, Inc. | Indiana | state | 2013 | $150,000 | training reimbursement | |
| NHK Spring Precision of America, Inc. | Kentucky | state | 2012 | $100,000 | tax credit/rebate | |
| NHK of America Suspension Components Inc. | Kentucky | state | 2015 | $100,000 | tax credit/rebate | |
| NHK Seating of America, Inc. | Indiana | state | 2017 | $100,000 | training reimbursement | |
| NHK Seating of America, Inc. | Tennessee | state | 2013 | $69,600 | training reimbursement | |
| NHK Spring Precision of America, Inc. | Kentucky | state | 2008 | $47,400 | training reimbursement | |
| NHK Seating of America, Inc. | Tennessee | state | 2012 | $43,000 | training reimbursement | |
| NHK Spring Precision of America | Kentucky | state | 2012 | $25,000 | training reimbursement | |
| New Mather Metals Inc. | Kentucky | state | 2010 | $24,975 | training reimbursement | |
| New Mather Metals | Ohio | local | 1993 | undisclosed | enterprise zone | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| NHK Seating of America, Inc. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| NHK SEATING OF AMERICA, INC. | Tennessee | local | 2018 | undisclosed | property tax abatement |
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